Hi,

I am looking for some material regarding payroll in the Indian context. I do not want software details but I want information with live examples on how payroll is maintained in accordance with laws.

If anyone can help me out, I will be happy!

Regards,
VINAY KUMAR

From India, Hyderabad
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Dear All,

I need to understand who is responsible for Payroll processing - Accounts or HR. What part is handled by Accounts and HR. Attaching herewith the format where I would request to provide with the information.

Thanks,
Sarika

From India, Mumbai
Attached Files (Download Requires Membership)
File Type: xls payroll_responsibility1_406.xls (19.5 KB, 1004 views)

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Dear friend,

Payroll refers to the administration of employees' salaries, wages, bonuses, net pay, and deductions. It consists of the employee ID, employee name, date of joining, daily attendance record, basic salary, allowances, overtime pay, bonus, commissions, incentives, pay for holidays, vacations, and sickness, value of meals and lodging, etc.

As it relates to human resources, Human Resource is the most vital resource for any organization. It is responsible for each and every decision taken, each and every work done, and each and every result. Thus, employees should be managed properly. According to the present scenario, a department called HRD and the person named HR manager is responsible.

Nowadays, HRD also takes help of Payroll Software for record-making, ESI/PF No., and for all payroll calculations.

From India, Jaipur
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